AZ SB1289

Increases maximum annual loan amount from $7,000 to $10,000 per year for students pursuing teaching degrees or certificates in mathematics, science, special education, or elementary education.

Expands eligibility to include students pursuing teaching certificates after obtaining a bachelor's degree, not just those pursuing initial teaching degrees.

Changes service commitment language to reference "teaching degree or teacher certification program" instead of "bachelor's degree" to clarify timing requirements for various educational pathways.

Appropriates $500,000 from the state general fund in fiscal year 2014-2015 to the commission for postsecondary education for the mathematics, science and special education teacher student loan fund.